Health In Tech, Inc. Amends IPO Registration

Ticker: HIT · Form: S-1/A · Filed: Oct 3, 2024 · CIK: 2019505

Health In Tech, Inc. S-1/A Filing Summary
FieldDetail
CompanyHealth In Tech, Inc. (HIT)
Form TypeS-1/A
Filed DateOct 3, 2024
Risk Levelmedium
Pages13
Reading Time15 min
Key Dollar Amounts$0.001, $4.00, $5.00, $4.5
Sentimentneutral

Sentiment: neutral

Topics: ipo, sec-filing, amendment

TL;DR

Health In Tech filed an S-1/A amendment, moving closer to its IPO.

AI Summary

Health In Tech, Inc. filed an S-1/A amendment on October 3, 2024, for its registration statement (No. 333-281853). The company, based in Stuart, FL, is in the insurance agents and brokers sector. This filing is an amendment to their initial registration, indicating ongoing efforts to go public or adjust previous filings.

Why It Matters

This S-1/A filing signifies that Health In Tech, Inc. is actively pursuing its public offering, providing updated information to potential investors.

Risk Assessment

Risk Level: medium — As an S-1/A filing, it represents a company in the process of going public, which inherently carries higher risks than established public companies.

Key Numbers

  • 333-281853 — Registration Number (SEC registration number for the filing.)
  • 20241003 — Filing Date (Date the amendment was filed with the SEC.)

Key Players & Entities

  • Health In Tech, Inc. (company) — Registrant
  • 333-281853 (registration_number) — SEC Registration Number
  • October 3, 2024 (date) — Filing Date
  • 701 S. Colorado Ave, Suite 1 Stuart, FL 34994 (address) — Principal Executive Offices
  • Tim Johnson (person) — Chief Executive Officer

FAQ

What is the primary purpose of this S-1/A filing?

This S-1/A filing is an amendment to the registration statement (No. 333-281853) for Health In Tech, Inc., indicating updates or changes to their initial public offering plans.

Who is the Chief Executive Officer of Health In Tech, Inc.?

Tim Johnson is listed as the Chief Executive Officer of Health In Tech, Inc.

Where are Health In Tech, Inc.'s principal executive offices located?

The principal executive offices of Health In Tech, Inc. are located at 701 S. Colorado Ave, Suite 1, Stuart, FL 34994.

What is the Standard Industrial Classification (SIC) code for Health In Tech, Inc.?

The SIC code for Health In Tech, Inc. is 6411, which corresponds to Insurance Agents, Brokers & Services.

When was this amendment filed with the SEC?

This amendment (S-1/A) was filed with the SEC on October 3, 2024.

Filing Stats: 3,854 words · 15 min read · ~13 pages · Grade level 14.1 · Accepted 2024-10-03 17:02:36

Key Financial Figures

  • $0.001 — shares of Class A Common Stock, $0.001 par value per share (“Class&#x00
  • $4.00 — price anticipated to be in the range of $4.00 to $5.00 per share, through the underwr
  • $5.00 — icipated to be in the range of $4.00 to $5.00 per share, through the underwriter name
  • $4.5 — ission To change the non -transparent $4.5 trillion 1 healthcare industry w

Filing Documents

RISK FACTORS

RISK FACTORS   15 CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS   36

USE OF PROCEEDS

USE OF PROCEEDS   37 DIVIDEND POLICY   38 CAPITALIZATION   39

DILUTION

DILUTION   41 MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS   43

BUSINESS

BUSINESS   67 MANAGEMENT   79 EXECUTIVE AND DIRECTOR COMPENSATION   85 PRINCIPAL STOCKHOLDERS   92 CERTAIN RELATIONSHIPS AND RELATED PARTY TRANSACTIONS   94

DESCRIPTION OF CAPITAL STOCK

DESCRIPTION OF CAPITAL STOCK   95 SHARES ELIGIBLE FOR FUTURE SALE   100

UNDERWRITING

UNDERWRITING   102 EXPERTS   113 LEGAL MATTERS   113 WHERE YOU CAN FIND MORE INFORMATION   113 INDEX TO CONSOLIDATED FINANCIAL STATEMENTS   F-1 You should rely only on the information contained in this prospectus. We have not authorized any other person to provide you with information different from or in addition to that contained in this prospectus, and we take no responsibility for any other information others may give you. If anyone provides you with different or inconsistent information, you should not rely on it. We are not making an offer to sell these securities in any jurisdiction where an offer or sale is not permitted. You should assume that the information appearing in this prospectus is accurate only as of the date on the front cover of this prospectus. Our business, financial condition, results of operations and prospects may have changed since that date. No action is being taken in any jurisdiction outside the United States to permit a public offering of our Class A Common Stock or possession or distribution of this prospectus in that jurisdiction. Persons who come into possession of this prospectus in jurisdictions outside the United States are required to inform themselves about and to observe any restrictions as to this offering and the distribution of this prospectus applicable to that jurisdiction. As used in this prospectus, unless the context indicates or otherwise requires, “the Company,” “our Company,” “we,” “us,” and “our” refer to Health In Tech, Inc., a Nevada corporation, and its consolidated subsidiaries. i Table of Contents CERTAIN TERMS AND DEFINITIONS •          “Broker” or “insurance broker” is an intermediary who sells, solicits or negotiates insurance policies on behalf of a client for

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